Location: Wheeler County, GA | Metro: Laurens County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
The ZIP code 30411 is situated in a suburban neighborhood that is primarily residential. With a total population of 4,650, it has a modest rental market where 30.6% of residents are renters. The median household income here stands at $30,238, indicating a community that is largely middle to lower-middle class. The median home value in the area is $153,622, reflecting an affordable housing market.
Turning to the rent economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. This figure contrasts sharply with the actual market rent, which is reported at $576 according to the Census ACS. This significant gap between the FMR and the market rent suggests a strong potential for Section 8 tenants in the area, as the subsidy levels are likely to cover a substantial portion of the rent charged by landlords.
Given these economic conditions, ZIP 30411 fits well for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the high FMR compared to the market rent means that properties can be leased to Section 8 tenants without much risk of vacancy, providing a stable cash flow. On the other hand, for hands-on investors looking to improve their property values, the opportunity to increase rents closer to the FMR level exists, allowing for enhanced returns on investment while still being attractive to subsidized tenants.
In conclusion, ZIP 30411 offers a balanced environment for real estate investment, particularly in the context of Section 8 programs. The combination of a supportive rental subsidy landscape and a manageable local market rent provides a favorable backdrop for both passive and active investors seeking to capitalize on the housing needs of low-income families.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.